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20121201
20121231
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CNBC 17
FBC 15
CNNW 8
MSNBCW 4
MSNBC 1
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English 45
Search Results 0 to 44 of about 45 (some duplicates have been removed)
MSNBC
Dec 4, 2012 3:00am PST
of jet lag. >> we'll take you a week. >>> "morning joe" starts right now. ♪ >>> nation, i love new york city. the big apple, the city that never sleeps, rat zanadu. so i was crushed to learn the metropolis i know and love has changed. >> not one person was murdered in new york city on monday. nypd deputy commissioner paul brown couldn't even remember the last time a day went by where not one person was shot, stabbed, or slashed. >> what happened? i remember the real new york of the '80s. when in a single night you could score some weed, catch a time square porno and get stabbed in the neck by a coked up lou reid. and that was a pretty good first date. now time square has become a bubba gump wimp company. >>> good morning. it's tuesday. december 4th. welcome to "morning joe." with us onset, we have msnbc senior political analyst mark haleprin. oh, my god, please stop. just get it off. get it off -- >> pulitzer prize-winning historian jon meacham. "the art of power." >> so you know why i'm doing this. last night, mika goes to madison square garden thinking she's going to see one direction
CNBC
Dec 20, 2012 6:00am EST
the jeffries trading floor today in new york. peter, you have a lot of different scenarios, but the most likely scenario that you think is that the blackberry fails, there is no acquisition on this and the cash firm continues? >> yeah. we think it costs about $1 billion to launch these devices. if successful, we think an access possibility goes up. if not, we see the company become much, much smaller a year from now. >> how do you measure success? and when we we know on this? >> we'll probably know around around/may next year. success would be call it 3 to 5 million units in the first quarter out of the gate and 5 million units plus after that. to us, that would be a very good launch. >> for anybody who is actually a blackberry user still, what do you say about these things? if there's a takeover, does that mean blackberry continues? what's the long-term outlook for the company? >> i would suspect that if you're a blackberry user, there's very little chance that your service is going to be cut off. that is a key cash flow driver for the company and anybody who would want to buy isn't concerned
FOX Business
Dec 6, 2012 4:00pm EST
an exchange like the nasdaq or the new york stock exchange tries to make any kind of merger or acquisition, it's usually rejected lately. >> well, i think what we've looked at is bringing together canada's financial markets under one institution so we can really have a very strong market. now, there are competitors. we have alternative trading systems that are owned and operated by other entities, and a low barrier to entry for new organizations to come to canada. but the reality is that we think we offer the most comprehensive services. david: let's talk about how our regulations might affect your companies. dodd-frank is going to have worldwide implications. >> well, dodd-frank's really important to us. in fact, i've spent personally a lot of time in washington over the last year as dodd-frank -- david: did they accept your input? >> for sure. the cftc, in particular. it impacts us in important ways because as our institutions execute interest rate swaps, they're going to have to be bilaterally cleared. or multilaterally cleared oz opposed to -- as opposed to bilaterally. and that's importan
FOX Business
Dec 10, 2012 11:00am EST
-- dagen: this is the 24th state. >> it will never happen in new york or a place like new jersey. they do not have the legislatures that will pass this. let's be realistic about it. all you have to do is look at a map of america and you would understand that. there are limits as to how far it will spread. we have a really historic battle among the states. it is a battle over tax rates. for all of this talk about tax increases, you have places like kansas, wisconsin, louisiana, cutting taxes. because business investment is so stingy right now, this battle is really historic. i think we will see more winners in the states. dagen: right to work states over the last decade have grown faster. >> it is and important component. it will be more so, i think, going forward. the combination, state tax rates in federal tax rates, they are really getting onerous. connell: as peter barnes pointed out, how involved, or will he get involved in this at all going forward? >> well, your guess is as good as mine. here is the thing, you know, of all places that you can go in america, discussing the fiscal cli
FOX Business
Dec 14, 2012 11:00am EST
taken to danbury hospital. our new york police reported one child may have been shot in hand. another in the face. the gunman is reportedly dead. officials telling the ap the shooter had two guns. we are looking at live pictures from our affiliate in new york, w. n.y. w. a gunman was in the main office of the school shortly after 9:40 a.m. eastern time and one person in one room had numerous gunshot wounds. investigators now searching the school with police dogs. dozens of heavily armed state troopers on scene. live pictures telling it all right there. surrounding the school, agents on scene as well, we're learning a code red has been issued to the surrounding towns. state police will news conference at 1:00 eastern, we will bring you those updates as they come. this is an unfortunate story that has continued to unfold. more details coming in by the minute and we will keep you updated. dennis: college for $199 a month. that is what university now is charging for unlimited online classes. we are joined by ceo jean wage. thank you for being with us. let's start with how many students ha
FOX Business
Dec 13, 2012 11:00am EST
of the new york stock exchange. nicole: it really is a time to shop. let's take a look at the major market averages. the tech heavy nasdaq is squeezing out some games. it is up about five points. some other traders talking talking about the fact that yesterday they got a lot of monetary policy. then they start to get economic news of things the a little bit better. they have to digest each piece of economic news. there is a look at the dow. 13,237. it is down about eight points. let's talk about best buys. from 1956, that is when he founded best buy. he is moving ahead. it could be by the end of the week. it is up 15.5%. connell: a news alert from washington. you will see it here live from d.c. as we wait for the speaker, we will hear from a guy who says >> whatever god deal is signed, there will be a lot of pressure. boehner will have to cut a deal that raises taxes. their idea of fiscal conservatism, for two decades, has only been about taxes. meanwhile, under current sentiment, underneath him, why don't you finally go after spending. those tea party people will be completely hostile to
MSNBC
Dec 19, 2012 3:00am PST
them back to new york. >> places like philadelphia. >> you look at murders across the tri-state area, so many come from virginia in that gun show loophole. bob mcdonald said we need more guns and give teachers guns. you know what? before you arm more people, look at the gun shows in virginia that, again, allow trafficking of these illegal arms up here. i mean, that they are bought legally and end up in the wrong hands. >> they close it after jim's report and mayor bloomberg is doing his own undercover work on this. >> that's one way we show we're not totally serious about cracking down on guns. another one is to say that connecticut is tough on guns, which a lot of people have said in the last few days, and they are by the standards we have. the fifth toughest according to the brady campaign. you can get any number of automatic rifles. you can have a grenade launcher attachment on these. it's not really tough on guns but by the standards we have. >> tough by the standards we have, which are very low. this slippery slope argument you can make on everything. if the tsa can frisk me at
CNN
Dec 11, 2012 11:00am PST
daylight, on a crowded new york sidewalk, someone walks up to a man and shoots him, point blank range. today, a race for answers. i'm brooke baldwin. the news is now. >>> move over, america. a sobering new report suggests china is getting ready to surpass the u.s. economy. >>> plus -- >> this is the place where lisa was buried. >> cnn goes inside the search for da vinci's famous muse. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations thr
CNBC
Dec 6, 2012 9:00am EST
'm melissa lee live from the new york stock exchange. negative across the board, looks like we're going to lose about 8.5% on the dow. we're watching for headlines out of an ecd press report. our road map this morning starting with apple, cratering on its biggest decline yesterday on four years, closing just pennies off the lows of the session. the stock continues lower premarket as investors watch the death cross watch. >> a cnbc exclusive, tim geithner says over the cliff is a must. >> bank of england and ecb keeps rates unchanged. europe continues to hang in there economically. >> and nat gas gets a boost. the government finds exporting it is better than keeping it here at home. >> apple as we mentioned in the spotlight today, shares of the tech giant coming off their worst day in four years, sliding back into bear market territory. the one day loss erased nearly $35 billion in market cap. that chunk is bigger than 400 other s&p 500 companies. apple ceo tim cook talked to nbc's brian williams in our rock center exclusive. >> why can't you be a made in america company? >> you know, th
FOX Business
Dec 12, 2012 9:20am EST
.97. down, yes, but still the highest ever price for early december. we've got new york state at the highest of the continental u.s. and missouri is the lowest. 3.01. missouri has the only major city we found with the average price of regular we called a two handle. and in the next hour, the gas buddy joins us and where you can find the cheapest gas in your area. and 10:45. new figures from the u.s. census bureau shows about 100,000 more people left california than moved in. that's a net out migration in 2011. shockingly enough, mike reagan was not one of them. he joins us now bright and early from los angeles. thank you for getting up so early in los angeles, we appreciate it, mike. now-- >> you've got it. thank you very much. stuart: i thought i'd get you out, sorry about that. why are all of these people leaving? conventional wisdom has it, it's taxes, taxes, taxes. is it something more? >> how about lack the education? the school system used to be number one is now 49th in the country and taxes another reason for it, cost of living another reason for it and no vision into the future that
CNBC
Dec 19, 2012 6:00am EST
steve israel, congressman from new york. plus, we'll also be talking more about what's at stake in washington and how the fiscal cliff is likely to effect investment decisions. we have value investor leon cooperman, he's going to join us on set starting at 7:00 eastern time. then at 8:00 eastern, we have black op co-founder and ceo ralph schlosstein. and lynn hutchins will join us. we'll talk about what they see playing out and what they think is working when it comes to the markets now. >> the bill that the president says is in the house that he will sign if -- that's in the senate -- >> the senate. >> the senate that he will sign if the house passes it is what? >> that is $. >> -- that is 250? >> 250? >> he said 400. he said, i have the pen, let's keep tax rates where they are for everyone at 250 and below. so this one, that's c these guys are pretty clever because that would keep rates where they are for everyone at a million and below. no middle-class taxpayers up to a million dollars -- >> that's no matter what, isn't it, in either bill? >>yon r -- i think it would be the s
CNN
Dec 22, 2012 10:00am PST
like new york, like london has, have congestion pricing so it's not a free good. make people who use the car pay for it and tilt the balance of our infrastructure funding using some of those funds to rebuild our public transit infrastructure. as you know, i've traveled into new york all the time and travel into canada all the time. my wife always reminds me to difference of traveling into pearson airport versus the new york, our greatest city in the world, airports. we've got to put a little more money. we know airplanes according to a whole range of recent studies are big economic generators. act on the same plane as our high-tech industry clusters. we need to rebuild our airports, invest in our public transit as well as keeping our roads going. but let's pay for the roads. >> ken, i see you nodding. do you think there are some things that rank higher than other things or should this be done as a portfolio, that there are a lot of things that need to be fixed? richard made a reference to the $2 trillion number to get our infrastructure on a national level up to a reliable point. >>
CNBC
Dec 14, 2012 9:00am EST
never failed to get their money. but they're trying to put in a -- according to "the new york times," at least, a deposit guarantee system as well for the banking system. >> sounds like all systems go there. >> we'll see if this continues next week. meantime, we'll talk apple debuting the iphone 5 in china today. the iphone news isn't preventing apple shares from falling in the market. cutting the price target to $700 from $780. he does maintain a buy rating and said apple needs to expand more geographically. it's not dead, it's not -- but it needs to find ways to innovate its products. we sort of saw this coming. steve had a caution note on apple a few weeks ago which stalled the stocks. not entirely a surprise. he is obviously a well respected analyst on the street. >> when you have a price target that is well above the stock, there's tremendous pressure for you to cut the price target. like there was tremendous pressure to raise the price target. i want to warn people, there are people who have much higher price targets. the analysts will probably join the fray. not sit in the bu
CNBC
Dec 3, 2012 9:00am EST
of people who feel like doug cast does who writes with me with a piece in "the new york times" saying that -- >> most stuff is nontaxable accounts any way. most stocks that people won't be as motivated to sell as people think. of course that doesn't necessarily deal with the increase in payroll taxes and the whole recession side of it. it does deal with the stock market side in terms of selling. >> why not say, listen, fiscal cliff, i have to cut numbers. i have to cut guidance. i think many ceos will cut guidance because of the possibility that the amt is going to -- this alternative minimum tax, people don't know they have to write a check for $3,500 at the end of the year. once you jump over the cliff, you can reverse the payroll tax. senator corker who is terrific and had good privilege of talking with him this weekend, we both know you can't reverse amt. once you go over the cliff, amt is insidious. it's hard to figure out. >> in terms of negotiations we will sit here day after day, is it more theatrics, are they really stalled, will we get down to something at the end of the day
CNBC
Dec 10, 2012 9:00am EST
. welcome to "squawk on the street." we're here at the new york stock exchange. let's get a check on how we're setting up for the first trading session of the week. we certainly have a lot to chew on over the weekend with the sunday talk shows, focusing on the fiscal cliff. it looks like we're looking at a lower open for the dow. as for the action in europe, really, the action focuses on italy where there's an impending political regime change. more on that in just a moment. the road map starts at the golden arches. mcdonald's blowing out expectations for november sales after the dismal drop in the month of october. hoping to fuel the rise, the bacon/onion/cheddar sandwich. >> there's one thing for certain, taxes on top earners are going up. >> turmoil in italy. berlusconi throws his hat in the ring. retail sales numbers out of china, hoping the economy is in fact on an upswing. >> apple, enthusiasm. jeffreys trimming its price target to 800 from 900, as apple shares do trade lower in the pre-market. we'll start with mcdonald's, posting better than expected november same-store sales, global
CNN
Dec 21, 2012 4:00am PST
. some parts of the world are already no longer here. >> for example, capitol hill. >> yes. "the new york post" reporting many people are stocking up on goods for emergencies. some people looking for one final fling at parties, social media apparently. i swear this story is completely unrelated. he resigned as south carolina's governor after admitting he ran off to argentina to be with his mistress. now mark sanford is launching a political comeback he is going to run for a seat that was vacated by tim scott. >>> mayor cory booker has revealed his plan for his political future. there had been speculation he would challenge republican governor chris christie. but that is no longer in the cards. >> i will explore the possibility of running for the united states senate in 2014. >> so booker hopes to replace senator frank lautenberg, a democrat whose temp ends in 2019. lautenberg has not said he's retiring yet. >> he does not look like he needs to retire immediately. >> democratic party gets 40% of the votes, president obama for minority voter has a grand total of african-american senators? t
CNBC
Dec 13, 2012 6:00am EST
delays there. in vegas, miami and new york, minor to no delays whatsoever. that's the good news. very quickly, let's talk about the east coast. so far, so good. scattered showers on parts of the coast, but new york city expecting a high of 45 today. mostly sunny in the ohio valley, into parts of the northeast. still scattered showers in parts of south florida getting very close to the record, the yearly record of rainfall in miami. as we wrap it up, from fargo and on the other side of the river, expect snow showers. still balmy, beautiful showers in dallas. mostly sunny and 65. back to you. >> reynolds, thanks so much. thanks for flag along. >> you bet, guys. >>> americans want action when it comes to the fiscal cliff. john, you'll give us some of the highlights, but with what we've told them about what will happen if we go over, i guess we shouldn't be too shocked that they don't want to go over. we've basically said there could be a recession, there could be millions of job losses and everything else. so i guess we probably shouldn't be surprised by that. >> no, we shouldn't. they'v
FOX Business
Dec 18, 2012 4:00pm EST
-electing the president. i've got to say david democrats especially from states like california and new york, senator schumer had a simple over in the senate, where those states and certain cities in those states, $250,000 a year, catches a lot more taxpayers than it does elsewhere. david: rich edson great reporting all day rich. thank you very much. rich: thanks. liz: we still don't know what the new year will bring for you and your taxes and your tax filing. that could make life difficult for tax preparers. up next, the ceo of liberty tax, john hewitt on the fiscal cliff, how he's advising clients and why tax refunds could actually be delayed. david: how many different possibilities could there be? he will tell you. plus how about a big mac on christmas? why is mcdonald's expecting its biggest day ever on christmas day? that story is coming up in today's speed read. ♪ girl: don't look at me. second girl: your hair's a bit frizzy today. aw! ha ha! you should pick that up. announcer: every day, kids witness bullying. poor you. ha ha! they want to help but don't know how. teach your kids how to be m
CNBC
Dec 19, 2012 1:00pm EST
and taxpayers alike. sue herrera down on the floor of the new york exchange. sue. >> it's 12 days to go until america goes off that fiscal cliff. both sides, as you just mentioned, are still sniping at each other. that's one of the reasons why the dow is down slightly. president obama said he would veto the house republican plan b tax proposal designed to avert january 1st tax hikes. the house speaker, mr. boehner, responded by saying that that was irrational and bizarre. john harwood is at the white house to sort out all the latest. yesterday, john, they thought they were getting real close to a deal. it certainly doesn't sound that way today. >> sue, it does appear that they've hit a deadlock in negotiations. you saw the president in a fascinating news conference that he just had in the white house briefing room try to leverage the emotional power of the tragedy in newtown, connecticut, to try to put the pressure on republicans. he talked about them taking off their partisan war paint. he said he'd more than met them halfway in terms of spending cuts that he's offered, coming up in the inco
FOX Business
Dec 12, 2012 11:00am EST
of the new york stock exchange. nicole: $1.2 billion share repurchase. they are buying back shares from the estate of a longtime shareholder. here is a look at stocks this morning. very busy. it was halted for news. there is the stock right now. almost $134,000 a share. of almost 2.5%. let's take a look at the broader market average. the dow is up five days in a row. traders say that the trend continues to the upside. the dollar is lower. back to you. connell: you mentioned bad day. first, the latest from capital hill. they say we are over the fiscal cliff, unless tax rates go up. the sign will come from the fed. we will know in the next 90 minutes. former atlanta fed joins us now. how is the decision connected, do you think, to the fiscal cliff? >> it has to do with balancing risks. they do not want to risk the recovery that we have underway already, even though it is slow. i expect two things. first, they will not change policy. they will continue quantitative easing. they will probably stop operation twist. simply because they do not have anyone short-term securities of any significa
FOX Business
Dec 19, 2012 11:00am EST
. i am a very boring person. connell: walt will have his full review. let's go now to the new york stock exchange. lauren simonetti. >> this stock started the day higher. it actually took out a new annual high. the financials came out strong. they are down now. in fact, the only sector that is higher is energy. we await this press conference now. they become the second bank to settle regulations. we are down. the blue-chip average up by triple digits. they have not seen a back-to-back gain like that since july. the s&p 500 was up by 1% both monday and tuesday. there is still hope down here on wall street that u.s. lawmakers will have a deal. we are kind of to the downside. with that, i will send it back to you guys. dagen: what can we expect volume to look like? >> typically, any traders take the week off. a couple of days off. you have a lower volume. yesterday, there was a lot of conviction. volume was up considerably based on the one-week average. it has been a little bit better than usual. dagen: thank you so much, lauren. we will give people comments when they start. the white
CNBC
Dec 18, 2012 9:00am EST
, a sign of a new era for banks? >> walmart is once again the target of a "new york times" investigation. but does the paper add anything new and can the stock outperform just as it did last time. >> private equity firm server said it will sell the firearms conglomerate. is private equity talking about guns in the country. >> futures moving higher on optimism. the white house republicans rising above partisanship, getting closer to striking a deal on the fiscal cliff. we have the latest on not just the breakdown of this offer, but by the response of some key senators this morning. good morning. >> yeah, that's right, carl. we saw the offer come in late last night and now we're seeing reaction early this morning. let me walk you through first of all of what the president laid down on the table yesterday, starting with taxes. the president is proposing now $1.2 trillion in new revenue increases, tax increases on individual income. that's lower than his initial offer after the election of 1.6 and revised of 1.4. so he's coming down on that. now he would like to extend the bush tax cuts for
CNN
Dec 23, 2012 8:00pm PST
it. jeanne moos, cnn, new york. >> ho, ho, ho. good night. >>> the great french writer albert camus said life is a sum of all your choices. we are all defined by the decisions we make every day. we make hundreds of them. paper or plastic, chicken or fish. most are mundane and require little thought, but others are agonizing, often life-altering. then there are the decisions made by leaders. some of which have changed the course of history -- for better and some for worse. july 1776, the american founding fathers' decision to declare independence. january 1863, abraham lincoln's decision to emancipate all persons held as slaves. june 1941, adolph hitler's decision to invade the soviet union. august 1945, president truman's decision to use an atomic bomb against japan. tonight we'll examine the process of making a tough decision. we'll hear about major decisions on an international stage, about corporate decisions, and personal ones. from taking down the most wanted man in the world -- >> the president turned to us and said, i made my decision. we are going to go with the raid. write
CNBC
Dec 4, 2012 6:00am EST
of republicans at the gate did a review in the new york times and he said this story compares with a john grisham knowledge and it does. >> what was the 700 million, fees paid to banks? >> it was just false fees. one piece of paper. >> and who ended up lining the pockets here? >> the money went to the cayman islands. so we'll a never know the truth. part of it was just to try to use off balance sheet vehicles to write them down. >> this former ceo, has he got cayman island accounts? >> i don't think there's any evidence of personal gain. no evidence of that. but last month in japan -- >> who was the owner of cayman island accounts? >> we'll never know all the truth. we'll never know all the truth unfortunately. but the whole board had to stand down last year. the local boa first time in the history of the knee nikkei. >>> nmichael, thanks for joinin us. when we come back, we'll go to chairs. and then in the next hour, you know the slogan. don't mess with texas. the state's governor is in the squawk green room and he's our guest host. rick perry will tell us why companies want to do miss businn th
CNBC
Dec 17, 2012 9:00am EST
monday morning. welcome to "squawk on the street." we are live from the new york stock exchange. let's take a look at the u.s. futures set up for the open first of the week. dow looking at about 50 points right after the open. as for the action in europe, taking its cues from the united states. we'll see a big rally in china extending one of its biggest rallies in three years. we have a mixed bag in europe with italy up by about .2 of 1%. >> we'll do our best to keep focused on the business day. we'll be following the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and cannibalization among the region. >> other concessions from the gop, the speaker proposing tax hikes for millionai
FOX Business
Dec 11, 2012 9:20am EST
to be in a union than that is what that is just like if you live in new york or l.a. and saying you are going to pay taxes in that city. you might not like the administration of government, you might not like -- you will pay city taxes or you can move out of the city. you can change the process and get involved in the same way -- stuart: i understand point. [talking over each other] stuart: voting to make michigan a right to work state. that is the democratic process. that is what is happening here. >> these people on lawfully legally expressing their opinion today. we have a mess on our hands. stuart: let me throw this that you. in the last ten years the employment level, the number of jobs in right to work states has gone up 10%. the employment level in non right to work states like michigan has gone 1%. don't you think there's something to be said for being right to work in terms of getting more jobs to your state? good jobs at a toyota or honda? >> there is no more pro-business mayor in the state or the country but i can tell you as you know as a business reporter there tweet types of lie
FOX Business
Dec 17, 2012 9:20am EST
♪ ♪ imus, imus, imus in the morning ♪ >> moments ago the new york stock exchange observed a moment of silence following the events in connecticut last friday. it was a somber moment in the financial world. ten minutes from now, trading will begin and these are the stories which we will concentrate on this monday morning. speaker boehner says, go ahead, raise tax rates on millionaires, that's a retreat. it's a new offer from john boehner, a higher tax rate on incomes over a million a year. gas prices really falling fast. in the whole state of missouri the average is 2.94. nine states are within a few cents of breaking below $3 a gallon. and yes, it's the monday after the connecticut shooting and father jonathan morris is here for "varney & company." scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just
FOX Business
Dec 7, 2012 11:00am EST
of the hour, everybody. nicole petallides on the floor of the new york stock exchange. nicole: would we got our jobs numbers, we saw the futures go from negative territory into positive territory. we aren't out of 33 points on the dow jones industrial. the nasdaq is lower. connell: there were 146,000 jobs added in the month of november. breaking news from washington. the speaker of the house john boehner. let's listen in. >> the tax hikes that the president campaigned on, that had more stimulus spending then cuts. and indefinite, infinite increase on the debt limit forever. four days ago, we offered a serious proposal based on testimony of president clinton's former chief of staff. since then, there has been no counter offer from the white house. reports indicate that the president has adopted a strategy to slow walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code, the president wants to raise tax rates. even if the president that the tax rate hike that he wanted, understand that we will continue to see trillion dollar deficits for as far as the eye can
CNBC
Dec 3, 2012 12:00pm EST
professor at new york university, he's one of the most respected experts, as well on stocks and valuations joins us live from manhattan. professor, good to see you again. >> glad to be here. >> nice to have you back. considering what facebook has done lately. what do you make of it from where you sit? >> when you look at a stock like facebook, it still remains a momentum stock. so i could tell you all kinds of rational rah stories about why the price has risen and the lockup ending and the fairly good earnings report. but i think the reality is that it's a good stock now so everybody is piling on. as we have seen in the nine months we have tracked the stock, it could very quickly run in the opposite direction in four weeks. so i take my gains with a grain of salt, which it is it could be here today gone tomorrow. >> what is facebook worth? what's fair value for a stock at $28 and change? >> i value facebook four times in the last nine months, starting the day before the ipo. the range i've had is a pretty tight one, between $24 and $27. and what's happened in the last few months, actuall
CNBC
Dec 10, 2012 3:00pm EST
're at the new york stock exchange as well looking to open the week on a winning note as washington continues to look for some kind of a deal on the fiscal cliff. >> some kind being the operative words. hello everyone, again. maria is going to be back tomorrow but in the meantime you're stuck with me. let's see what the markets are up to today. the dow holding marginally above water. as for the nasdaq and the s&p, let's get a check on those two as well. they've been kind of positive today, but not superbly so. at least it is a positive start to the trading week. >> now, forget about the number of days -- shopping days until christmas. we're talking about 13 and a half trading days after today how to position your money ahead of what might or might not happen with the fiscal cliff deal. are we ready to go? let's find out how you should be investing. everybody's looking at me like i should not be saying something right now. okay. everybody's there. mandy? >> okay. joining us now we have a cast of thousands. dan mcmahon from raymond james. nathan backrat. and our very own rick santelli. thank yo
MSNBC
Dec 13, 2012 9:00pm PST
for failures, security failures prior to benghazi. so to blame susan rice who's over at the u.n. mostly in new york city for benghazi is really a stretch. she was the person who went out on sunday television. and she said today to brian williams that she is not blameless. i think there was a lack of care with the talking points and the republicans seized on it and claims she was being political and trying to be political at a key point in the presidential election campaign, which she strongly denies. >> but you're saying that the president's statements to that effect were not enough because they were not backed up with essentially procedural support for her to be fighting these attacks that could have happened had he nominated her. >> once she's nominated she is armed with the white house counsel's office-w every wise person, man or woman in washington who would be assigned to her to get her through the nomination process. but she was left -- she said she didn't feel that she's a victim here, but she certainly did acknowledge to brian that she thinks politics played a part. and i don't think t
CNBC
Dec 18, 2012 1:00pm EST
. in this hour he will reveal number three. my partner sue herera on the floor of the new york stock exchange. hi, sue. >> hi, ty. it's a strong day with a triple digit advance. we have 13 days until america goes off the fiscal cliff. events moving faster in washington. house speaking boehner meeting with party members, moving to plan b. that deals with bush era tax cuts. the white house rejected that. investors like whatever progress we're seeing. s&p 500 at a two-month high. s&p up 1 1/3 -- 1.1 on s&p, dow jones industrial average up 114 points, almost a full% enand nasdaq up 1 1/3. the latest on how those negotiations are progressing. >> over the last 24 hours or so we've had a flurry of proposals, counter proposals, responses, responses to responses. as it lies right now, basically all those responses have been rejected by the other side. at the top of 2:00, we should have a new round because we're going to expect to hear from the senate democratic and republican leaders coming out and talking to cameras. we might get more reaction then. but earlier today speaker boehner came out and unveiled
CNBC
Dec 11, 2012 7:00pm EST
mistifying to be down there today. i like the cliffs and the floor of the new york stock exchange. there is always a bull market somewhere. i will see you tomorrow. >> good evening everyone. i'm larry kudlow. three major stories tonight and they all have financial and political fallout. starting in michigan where protesters stormed the state capitol to fight a right to work vote. >> on the way, and this issue boils down to fairness. but there are different opinions and viewpoints. we have details straight ahead. >> larry, at the white house we have a flurry of activity on the fiscal cliff. exchange of offers and not sure how much real progress there is. but we'll have the details. >> and optimism. and the fed driving the market higher. first time since mid october. the kudlow report begins right now. >> all right but we begin with the breaking news coming out of michigan where republican governor snyder just signed into law a right to work bill. lawmakers passed it today despite thousands of union workers who came to protest. we have the late ev. good evening ron. this one got pre
CNN
Dec 13, 2012 9:00am PST
third year as globetrotter and joins us live from new york. what do you got? let me see your skills? >> how's everything? >> good. let me see that move? nice, sweet. i remember from back in the day. you were there for a couple weeks. how was your trip? tell us about it? >> it was great. we actually played ten games on our annual military tour and two games were in afghanistan, one was in bagram, then we played in kuwa kuwait, bahrain and uae. i'm glad i was there. >> you make it look easy. what does this mean for some of the men and women that you met over there? >> it means a lot, because you know, the globetrotters are not around our family as much because we're gone for 9 out of 12 months. we can relate to the troops in some way not being around our family for the holiday season. anytime we can go out there and take time out of our busy schedule to put a smile on their face, that's what it's all about. i'm happy to be part of it. >> that universe is a little different there. you have camouflage going on. >> yeah, i have one right here, actually. you know, i'm hope i was able to w
FOX Business
Dec 18, 2012 9:20am EST
smoking, no change in the stock. wal-mart, new york times article says that wal-mart used bribes to open 19 stores in mexico and wal-mart responds saying investigation into corruption at its mexican unit is ongoing, no conclusions have yet been made. the dow is up 19 as we said, a flat market. record gun sales over the weekend. following events on friday in connecticut. here is the question. is america's moves towards guns really fundamentally changing? we'll ask scott rasmussen next. [ male announcer ] at scottrade, we believe thmore you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locaons, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, even dollar trades are just the start. our teams have the information you want when you need it. it's anothereason more investors are saying... [ all ] i'm with scottrade. when, but ieves can stealw your identity anturn your life upside down. >> hi. >> hi. you know, i can sa you 15% today if you open up a charge card accot w
FOX Business
Dec 21, 2012 1:00pm EST
of the new york stock exchange. nicole petallides is standing by. no fiscal cliff deal and the market is looking a little nervous. nicole: you saw the dow down nearly 200 points. what you see is basically everybody sells everything. they are not saying i will sell my financials and hold onto my drugs. no. they are getting out today. it is the weekend. we havecome up off the as you noted, they cannot get away from the fiscal cliff. not just yet. they have not come to a solution in washington. that is front and center. we are also seeing a flock to the area that are safe. the dollar is higher. gold is higher. we are also -- there is a look at the dow jones one week. last friday we close that 13,135. we are still actually of about 30 points for the week. that is if we were to close right here. for right now, certainly, read on the screen because there is so much concern about washington. melissa: thank you so much. many believe the speaker in the senate, but it did notie -@even make it through the house last night. i next asked is not confident it will happen within the next year. >> we
CNBC
Dec 13, 2012 9:00am EST
your "new york times" questions, the inequality one, lobbying one, the fracing one, you tried. you were the foil. >> i give him an enormous amount of credit, thank him for the interview and hope he comes back again. >> we got to thank these guys. join us tomorrow. squawk on the street is next. >>> take a look at how we are setting up on this thursday session, the day after the federal reserve decision. a lot of economic data out this morning, jobless claims coming in better than expected. core ppi in line with consensus. retail sales light. as for the picture in europe, take a look there. really following the cues of the u.s. markets this morning. our road map today starts with the fed announcing a new round of stimulus as chairman ber bernanke warps the fiscal cliff is hurting growth. house speaker john boehner expected to talk on the cliff talks 11 a.m. eastern time. >> told you this week, of course, they were talking actively, now, sprint/nextel offering to purchase the other half of clearwire it doesn't own. >> surges of best buy surging on reports that the founder is on the verge o
CNN
Dec 19, 2012 4:00am PST
that ultimately -- >> new york does, too. they're reviewing investments. we talked to the comp controller for the state and city. they are reviewing those investments. they also say there's a small part of their overall portfolio. you look at vanguard, the big 401(k) companies. you could very well have your 401(k) at least partially invested in some of these companies. they are in some of the indexes. >> they claim it's a small part. the reality is those teacher retirement systems are huge players in this industry. i criticize them about rap music as well. >> that's so fascinatie infasci >> index funds by definition. >> california said yesterday they were hearing from teachers like mad in california who did not like that. >> where is your money invested? you should know. >>> still ahead this morning on "starting point" we're going to be talking to south carolina congressman tim scott. he's taking outgoing senator jim demint's seat. we'll tell you why his appointment is making history in the senate. ♪ (announcer) when subaru owners look in the mirror, they see more than themselves. so we
CNN
Dec 12, 2012 9:00am PST
it before. the "$360" million deal will give delta a bigger share to the new york to paris flights. he tweeted the partnership will allow virgin to give british airways and the atlantic airlines a run for the money. he's not afraid to take auto competition or a controversial issue, including the legalization of drugs which he supports. in my sit-down with him i asked him about the recent votes in colorado and washington state that legalize marijuana use. here's how he weighed in. you made some news about two states that are legalizing marijuana. you believe this eventually is inevitable and will happen. tell me why. >> well, i'm positive on the global commission on drugs. we spent two years examining it. it's absolutely apparent to it in the 50 years since the united nations got together to create the war that it's failed. so what the commission is saying is please try different approaches. on an immediate basis please stop locking up our children, our brothers and sisters. that's not the way to help them if they have a drug problem. put them through drug rehabilitation, get them well
CNBC
Dec 18, 2012 3:00pm EST
're into the final stretch. welcome to the "closing bell." i'm maria bartiromo with the new york stock exchange. the more wall street washington is rising above, the higher the market goes. >> rejection of how john boehner's plan "b" thatty had came out with today. the major averages are all trading around two-month highs today because it seems like progress is still being made on some kind of a deal. here's where we stand right now. the dow up 98 points, was up 125 at the high, and then the white house rejected and some comments by senate majority leader harry reid on that so-called plan "b" proposal from john boehner, sort of took some of the wind out of the sails. nasdaq still up 1.25%, a 3348 and the s&p 500 index is up 12-plus points right now at 1443. >> while the dow on pace for the first back-to-back triple-digit gains in nearly five months. can we hold on for the final hour? >> let's talk about that in our closing bell exchange. carol roth, the author of "entrepreneurial equation" is with us. from chicago, keith springer from springer financial adviser and john carpina is on the floor
MSNBC
Dec 10, 2012 1:00pm PST
in mind, john? >> well, new york governor andrew cuomo is rumored to want to run. maryland mayor martin o'malley is rumored to want to run. there are other people within the democratic party who would love for the chance to run for president in 2016. it would be an open seat. there would be no incumbent running. and so if hillary clinton is going to run for president from their perspective, they want her to make that decision sooner rather than later so that they can get their apparatus in place because unlike her, they can't just turn a latchkey and have everything, you know, fired up and ready -- >> millions of dollars, support networks and so on. >> yes. >> steve, hasn't this actually been a total transformation in the life of the clintons? because you were referencing her success, hillary clinton's success. but bill clinton has now transformed his standing. he is now a global figure, too, isn't he? >> and also just their standing within the democratic party. the thing this struck me this summer was compared how the bts were treated by the entire democratic convention this summer versu
FOX Business
Dec 4, 2012 9:20am EST
petallides right there on the floor of the new york stock exchange. china, cracking down on money transfers at wynn macau casinos. i guess that wynn stock is going to be down? nicole: you are right. we're seeing the stock down nearly 4% here. this is not good news for them overall. basically china's new leadership cracking down on fast money moving. they are going to set rules where you can't -- restrict the limits on how much money can actually be taken out of the country. there are a lot of new rules that would be put in place. all of it is obviously for responsible gambling, but it seems to be a lot deeper than that. stuart: i've been to that casino in macau. i mean totally different from anything you will ever see on the strip in las vegas. i mean it is really really different. i will get to that a bit later. david: yeah, we're all interested in that story. stuart: i don't gamble. david: man oh man. [laughter] stuart: moving along, republicans counteroffer to president obama's solution to the fiscal cliff yesterday with a plan of 800 billion dollars in new revenue from tax reform, not f
FOX Business
Dec 5, 2012 9:20am EST
company, charles payne is here. sandra smith is back. and nicole petallides on the floor of the new york stock exchange. and mark stein, conservative columnist supreme, author and christmas carol singer joins us as well. welcome to the program. president obama says i'm going to insist on raising tax rates on the rich. it is my opinion that the president wants to punish the rich. you say? >> yeah, there's not enough of the rich. this isn't about the economy for him. this is essentially about his view of government. he believes in the state being a certain size, and so what's important to him is that he finds money to support that. so he starts with the rich, but basically if you are not rich, if you are middle class, if you just go and do an average paying job, you're going to be stuck with the costs of this size of government too. there's no way to avoid that. stuart: so you are saying look the president wants to expand government no matter what. >> yes. stuart: and we've all got to pay for it. not a question of making the rich pay for it because there's not enough money amongst the rich
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